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Long Duk Dong

01/09/24 2:18 PM

#111362 RE: pepeoil #111361

Finally a serious comment, and guess what, I agree!
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JoshTaeger

01/09/24 4:07 PM

#111363 RE: pepeoil #111361

Some math to do here. GHS is getting 145 Series G shares for $110K. The “stated value” of the Series G are $1200 per share, so the value of GHS’ shares is actually $174K. That’s 15M common shares fully converted at today’s PPS.

GHS gets an 8% divvy, which is almost guaranteed to be paid in common shares. That’s 1.2M shares per year until the G’s are converted.

It used to be a million shares was a big deal. Now that SHMP has hit the Big B, it IS chump change.